Carbon
currency is a global monetary system that would not be based on money
as we have historically known it, but on carbon
credits. It is nothing less than a revolutionary new economic system
based on energy consumption and production rather than price.

Analysts
are warning that it is highly probable that Europe’s economy will
collapse within the next three years, if not sooner. When Europe goes
down it is highly likely the U.S. economy will soon follow with potentially
devastating effects. At same time, the EPA
is instituting thousands of pages of new regulations that cap CO2 emissions,
without a single new law passed by Congress. It is all coming down through
Executive Branch Fiat. Every analysis of these new regulations show
they will have a huge negative impact on our economy right when we can
least afford it. It is estimated that the GDP
(Gross Domestic Product) will be $9.4 trillion from 2012 to
2035, eventually reaching $700 billion annually. Finally, there is growing
suspicion that national currencies will be made worthless through default,
hyperinflation, or both. Will a carbon currency replace them?

The
current worldwide crisis in the free market system may be the impetus
for the full implementation of the new Carbon based global monetary
system. Our current price-based economic system and its related currencies
that have supported capitalism, socialism, fascism and communism, seems
to be herded to the slaughterhouse. Greece, Ireland, Italy, Portugal,
Spain and other European nation’s economies are falling like dominoes.

The
United States is also in real trouble, with our credit rating downgraded
by Standard & Poors. Contrary to what the media is saying, it is
not because Congress did not raise the debt limit fast enough; rather
it is because U.S. spending is out of control with no end in sight.
The Dow Jones Industrial lost a staggering 14 percent immediately after
the S&P downgrade was announced and President Obama tried to
assure the nation that everything was fine. It is not fine and
the market finally realizes it. The crisis is gargantuan and it is worldwide.

The
entire purpose of the BIS’ Financial Stability Board (FSB) is
to stabilize the global
financial architecture to prevent exactly what happened in the 2008-2009
and 2011 financial collapse. Either the FSB is a total failure, or they
let the financial collapse happen to allow existing currencies to collapse
and give the central banks more control. Before the Dodd Frank Financial
Reform Act was passed in 2010, global financial analyst Joan
Veon made a very good case that the Federal Reserve, the BIS and
the FSB used the crises to basically take control over the U.S. financial
and regulatory structure;

Since
most [people] are not acquainted with our financial and regulatory structure,
they will not appreciate the incredible transfer of power being given
to the Federal Reserve, a private corporation. Once Congress passes
the necessary [financial reform] law, the Fed will be given massive
powers over the entire financial and economic industry, the insurance
industry, non-banking institutions as well as the mortgage industry.

If
Veon is only partially correct, it means the Fed, and by extension,
the BIS, is close to controlling the financial regulatory structure
of the U.S.; just as called for in the Monterrey plan. Virtually no
one knows this. So what is their plan?

Carbon
Currency

The
idea for a carbon currency has been around since the 1930s under the
banner of Technocracy.
Technocracy is a world run by scientists and experts, not elected officials.
Early proponents of this model even wanted F.D. Roosevelt set up as
a dictator, not elected as a president. They claim Technocracy brings
economic freedom, but it will actually bring the exact opposite. Financial
analyst explains:

Carbon
Currency will be based on the regular allocation of available energy
to the people of the world. If not used within a period of time, the
Currency will expire (like monthly minutes on your cell phone plan)
so that the same people can receive a new allocation based on new energy
production quotas for the next period. Because the energy supply chain
is already dominated by the global elite, setting energy production
quotas will limit the amount of Carbon Currency in circulation at any
one time. It will also naturally limit manufacturing, food production
and people movement.

A
carbon currency must depend on a finite supply of fossil fuel
so that it can be strictly controlled by technocrats. Since the founding
of Technocracy, every generation has been taught the “peak oil”
theory; i.e. the world only has “x” number of years before
the earth’s oil is depleted. There is a problem with this theory,
however. More oil is discovered every year. In fact, enough oil and
gas exist in shale oil formations in Colorado, Utah and Wyoming to be
energy independent for several hundred years with current technology
and oil prices.[1]

This
bonanza of energy had to be restricted if carbon currency was to become
a reality. That could explain why fear mongering of global warming continues
to escalate even when there is no empirical evidence to show that man
is causing it. Recent NASA research has clearly shown the climate models
grossly overestimate
warming. Yet, the hue and cry to reduce CO2 emissions continues
to increase. That is exactly what the EPA is doing.

Of
equal concern is that Congress locked much of shale oil formations up
with Omnibus Public Land Management Act of 2009. It is perhaps very
revealing that at the same time Congress locked up much of this 100+
year supply of oil, the same Congressmen and Senators were wringing
their hands pontificating to their constituents back home that we must
break the dependence on foreign oil. Why the hypocrisy?

Congress
was told that the bill it would have a devastating impact on the future
of energy in the United States. Senator
Tom Coburn (R-OK) warned the bill would put 1.3 trillion
barrels of shale oil, out of the total of about 2 trillion barrels,
off limits to development. It also cuts off 9.3 trillion cubic
feet of natural gas permanently. Although it seems irrational, the legislation
had to be intentional.

Subscribe
to the NewsWithViews Daily News Alerts!

Enter
Your E-Mail Address:

The
question that every citizen needs to ask themselves; is the seeming
rush to a carbon currency just insanity, ideological blindness, or an
obscene effort to trash the U.S. dollar through inflation and debauchery
to destroy the U.S. from within? Or, is it all of the above? In any
case, it is imperative that Americans vote out every neoconservative
and progressive liberal in Congress, state legislatures, and local governments
in the 2012 election.

How
fast will carbon currency be implemented if that is the elite’s
goal? It depends on how fast the smart
grid is implemented, which is discussed in Part II.

Dr.
Coffman is President of Environmental Perspectives Incorporated (epi-us.com)
and CEO of Sovereignty International (sovereignty.net) in Bangor Maine.
He has had over 30 years of university teaching, research and consulting
experience in forestry and environmental sciences. He produced the acclaimed
DVD Global Warming or Global Governance (warmingdvd.com). His newest book,
Rescuing a Broken America (rescuingamericabook.com) is receiving wide
acclaim. He can be reached at 207-945-9878.

Analysts are warning
that it is highly probable that Europe’s economy will collapse within
the next three years, if not sooner. When Europe goes down it is highly
likely the U.S. economy will soon follow with potentially devastating
effects.